October 7, 2026

August 2024

Gold Holds near Record High on US Rate Cut Optimism

Gold prices held steady on Monday near a record high scaled in the previous session, as rising expectations of a US interest rate cut next month lifted bullion’s appeal.

Spot gold edged 0.2% lower to $2,501.19 per ounce. Prices had surged to an all-t…

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CBK announces new bonds, tawarruq worth KD 240 mln

KUWAIT, The Central Bank of Kuwait (CBK) announced on Monday the issuance of bonds and related tawarruq at a value of KD 240 million (about USD 792 million).

In a statement to KUNA, the CBK said that the securities bear a 4.375 percent rate with a t…

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CBK Announces New Bonds, Tawarruq Worth KD 240 Million

The Central Bank of Kuwait (CBK) announced on Monday the issuance of bonds and related tawarruq at a value of KD 240 million (about USD 792 million).

CBK said in a statement carried by Kuwait news agency (KUNA), that the securities bear a 4.375 perce…

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